Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Would critical ratio be better utilized as a static ratio or a dynamic ratio, and why?
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- A building has an NO of $130,000 and is being valued with acap rate of 4%. Using the income approach, what is the value of the building? $3,250,000 $2.450,000 $1,300,000 $4.130,000arrow_forwardAt Fraser engineering. Erix is trying to decide whether to purchase a certain part to to have it produced internally. Internal production could use either of two processes. One would entail a variable cost per unit of $17, and an annual fixed cost of $240,000. Three vendors are willing to provide the part. Vendor A has a price of $20 per-unit for any volume up to 30,000 units Vendor B has a price of $22 per-unit for demand of 1,000 units or less, and $18 per-unit for larger quantities. Vendor C offers a price of $21 per-unit for the first 1,000 units, and $19 for each additional unit. What is the correct formula to use to compare these options? Which options would be best for: I. 10,000 units? ii. 20,000 units? iii. 100,000 units? What is the value in considering these options across three very different demand values ranging from 10,000 to 100,000 units?arrow_forwardMaximize Z=200x1 + 160x2 + 130x3 Subject to Assembly Inspection Packaging And x1, x2, x3 >=0 4x1 +3.5x2 +2.25x3 = 180 2x1 +1.5x2 + 1x3 <= 40 1.25x1 + 1x2 +0.50x3 <= 20arrow_forward
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